Planning focuses on
achieving objectives
Planning leads to rigidity
in the organizational
work.
Planning may not work in
SNOITATIMIL
a dynamic environment.
Planning reduces
creativity.
It is a time consuming
and costly process
Planning provides only
base for success but it is
not a guarantee of
success.
Planning is futuristic
Planning is a primary Planning involves
function of management decision making
Planning is pervasive Planning is a mental
exercise
Planning is continuous
FEATURES
PLANNING Provides direction
ECNATROPMI
Reduces the risk of
Planning is deciding in advance
uncertainty
what to do and how to do. It is Facilitates decision
one of the basic managerial making
functions. It bridges the gap Establishes standards
between where we are and for controlling
where we want to go.
STEPS
Setting objectives for the
Selecting an
organization
alternative
Developing premises
Implementing the
Identifying alternative course
plan
of action
Follow up actions
Evaluating alternative
courses of action